However, this can be a great way to start your online journey. Especially if the domain you’re purchasing already has a strong backlink profile to give you a boost in the search engines. Once you purchase a domain from Flippa you’ll need to register the domain with a new registrar and choose a host as well. Depending upon the details of the sale and where the current domain is registered and hosted.
Technical contact. The technical contact manages the name servers of a domain name. The functions of a technical contact include assuring conformance of the configurations of the domain name with the requirements of the domain registry, maintaining the domain zone records, and providing continuous functionality of the name servers (that leads to the accessibility of the domain name).
HostGator is a company I used for many years with an old firm, and I've found them to be fairly reliable as a rock-solid grounding for a bandwidth-heavy site. Their control panel is also fairly powerful, allowing you to automatically control your fleet of names, as well as locking them down so that nobody can snipe them if you accidentally let a renewal lapse. Their prices are competitive but not the best, but I've found them to be immensely reliable in the past. Read our HostGator Review.
If you’re still with me then you might be wondering who came up with all of this. The answer is ICANN — the Internet Corporation for Assigned Names and Numbers. ICANN is a non-profit whose role is to coordinate all the names and numbers that keep the Internet online. They outsource a lot of the heavy domain name lifting to registries like Verisign, who pay ICANN for the privilege.
When done right, the domain trade is an enterprise that lends itself to particularly lucrative deals. The tactic is simple: domain names are purchased with the prospect of reselling them for a wide profit margin. But the trick of this trade lies in securing domains that may later be valuable to well-endowed buyers, such as a large company. We have laid out all the important facts and terms on the topic, including some of the highest sale prices on record for a publicly traded .com domain.